Moscow, Russia– 1 March 2018 – Sistema PJSFC (“Sistema” or the “Corporation”) (LSE: SSA, MOEX: AFKS) a publicly traded diversified Russian holding company, announces that the Arbitration Court of the Republic of Bashkortostan (the “Court”) on 1 March 2018 lifted the arrest of a 31.76% stake in MTS belonging to Sistema.

The court order was adopted by the Court on account of the Settlement Agreement concluded with PJSOC Bashneft, Rosneft and the Republic of Bashkortostan.

The Court’s ruling is subject to immediate implementation, including by the Federal Bailiff Service according to the procedure established by law.

***

For further information, please visit www.sistema.ru or contact: